Showing posts with label CNN. Show all posts
Showing posts with label CNN. Show all posts

Monday, November 26, 2007

Is a recession on the horizon?

I'm worried.

I feel like every time I open a newspaper or Web page the country's financial health is examined. And for good reason I suppose.

From CNNMoney.com:

"After years of living happily beyond their means, Americans are finally facing financial reality. A persistent rise in energy prices will mean bigger heating bills this winter and heftier tabs at the gas pump. Job growth is slowing and wage gains have been anemic. House prices are sliding, diminishing the value of the asset that's the biggest factor in Americans' personal wealth. Even the stock market, which has been resilient for so long in the face of eroding consumer sentiment, has begun pulling back amid signs of deep distress in the financial sector."
(Read the full story here.)

Man, doom and gloom, huh?

I'm trying to figure out what I need to do. I've adjusted my attitude and don't even get alarmed anymore when gas prices creep toward $3. However, I DO get mad every time I go to buy a gallon of milk and it costs more than that gallon of gas.
The price of living has, and continues, to skyrocket.

I'm reading more and more stuff about a possible recession (though that threat always seems to be in the air) and I'm wondering what's about to happen. How hard will times get? What has to happen - initiated by either consumers or producers - to make things better? Is the country's financial situation the consumer's fault? Is the media just making too much of this?

What do you guys think? What does the future look like in your minds?

Monday, November 19, 2007

I'm just saying...

I’m sure many of you heard about the march on Washington Friday. In case you missed it, people from all over the country led by Al Sharpton marched around the Justice Department to demand more enforcement of hate crime laws.

The march was largely fueled by anger of the lack of federal intervention in the case of the noose-hanging incident in Jena and other recent noose-hanging incidents across the country.
I know we’re all not going to agree on the case of the Jena Six or its surrounding events, clearly. That’s not even up for debate specifically in this post.

And I know some folks across racial lines are going to always refer to people like Rev. Al Sharpton as troublemakers. (Just remember, Martin Luther King Jr. was commonly referred to as a troublemaker too back during the civil rights movement… Just something to think about.)

But if the federal government can deem it urgent and necessary to intervene on behalf of dogs (i.e. the Michael Vick dog abuse case) and baseball (i.e. the steroid case with Barry Bonds) can’t we at least agree that more federal action should be taken against a hate crime that symbolizes decades of gruesome, brutal, unjust murders committed throughout this country against a race of people?

If you still think leaving nooses around is just a harmless, kiddie prank, check this CNN special out. Or, better yet, watch it whenever it airs again and let me know what you thought.